South Florida Business Journal WPH Properties LLC has paid $4375 million, or about $231,481/room, for the Washington Park Hotel in Miami Beach, Fla The company, which owns Westime, a Beverly Hills, Calif, luxury watch store, bought the 189-room...
Orlando Business Journal A foreclosure suit has been filed against the owner of the Florida Hotel & Conference Center in Orlando, Fla Tantallon Orlando LLC owns the 511-room property, at 1500 Sand Lake Road, which serves as collateral for $40...
Dallas Morning News Harwood Center, a 723,963-square-foot office property in Dallas, is scheduled to be sold at a March 2 foreclosure auction Fortis Property Group of New York previously had owned the 36-story building, at 1999 Bryan St, which...
Commercial Real Estate Direct Staff Report Having struck out on its attempt to sell the $652 million distressed loan against the Southland Mall near downtown Miami, its special servicer has taken the collateral property through foreclosure The loan,...
Washington Business Journal The 381,074-square-foot office building at 1350 I St in Washington, DC, is scheduled to be sold at a March 10 foreclosure auction Harvey West Auctioneers of Chevy Chase, Md, is handling the auction, which requires a $2...
A venture of Koch Real Estate Investments and Fontainebleau Development has taken title to the Drew Las Vegas, an under-construction hotel-casino resort that was to have nearly 3,900 hotel rooms and residential condominium units, 180,000 square feet...
Commercial Observer DekaBank has filed to take over the 655-room New York Marriott East Side Hotel at 525 Lexington Ave in Manhattan, which backs a $53 million loan it holds It filed a complaint this week in Manhattan Supreme Court, alleging the...
The Real Deal CIBC has filed a foreclosure suit against the owner of the 95-room AKA United Nations Hotel in Manhattan The suit, filed this week in New York State Supreme Court, alleges that a venture led by Prodigy Network did not pay off the $81...
Dallas Morning News Square Mile Capital is taking control of Dallas’ Renaissance Tower The New York lender four years ago had provided a $118 million against the 173 million-square-foot office building, at 1201 Elm St, to a venture of Moinan...
